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WPT Montreal WPT Montreal

04-23-2015 , 02:02 AM
Hi,

I'm playing the 3200+300 WPT Canadian Spring Championship at Playground Poker next weekend. It has two starting days (Friday May 1 and Saturday May 2). I've played this event or the comparable Playground event 3 times, making day 2 each time but never cashing. Have had some success in their smaller events though.

Stats:

I play midstakes NL online. 1/2 to 5/10, mostly 3/6 and 2/4. Here are my stats for the last few months on the main site I play. This is about 75% 3/6 and 25% 2/4. I'm pretty sure I have the highest winrate of any reg on the site, and this includes starting tables and about ~25k hands of heads up. : http://gyazo.com/8d7e8a6e231d2f26fa16d0c0acbae1d5

For the last ~4 months of 2014 I was living in Florida playing live 5/10 full time, so I do have a decent amount of live experience. Admittedly my live tournament record is not the greatest, but lol sample size and all that.

Hendon Mob: http://pokerdb.thehendonmob.com/player.php?a=r&n=275241

I play online tournies on sundays and have done pretty well, including a $28k win in the merge major.

References: Orange, Bikram

Pricing:

3500 CAD(2)= 7000*1.228=8600

Can take Stars to a friend's account or CAD at playground. Min 5% please.

Not sure what exactly is standard exchange rate policy in terms of sending in usd or whatever but will do whatever is preferred.

I'm American so will require tax info for full payout. Will try to post stack updates on breaks @ajg1414

Thanks.

Last edited by Turbulenc3; 04-23-2015 at 02:22 AM. Reason: changed min%
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04-23-2015 , 02:06 AM
2%
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04-23-2015 , 02:24 AM
Quote:
Originally Posted by orange
2%
This is booked but prefer larger pieces so my friend doesn't have to deal with many transfers.
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04-23-2015 , 07:58 AM
5%, can send stars if u cant accept boa or pp
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04-23-2015 , 09:40 AM
How much are you selling?

40 pls
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04-23-2015 , 11:41 AM
Quote:
Not sure what exactly is standard exchange rate policy in terms of sending in usd or whatever but will do whatever is preferred.
IMHO the best way to do it is set the buy-in exchange rate to whatever it is as close to the tourney time as possible (like 24 hours prior max), then set the payout exchange rate to whatever it is as close to to the end of the tournament as possible. This minimizes exchange fluctuation risk, as well as your responsibility on the timing of when the currency was switched. Though the window of time may be smaller, you can always just collect a little more and refund the difference if needed.

If you're going to do it this way, I'd reserve up to 5% via Stars (if available).
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04-23-2015 , 12:02 PM
Quote:
Originally Posted by fakelogic
IMHO the best way to do it is set the buy-in exchange rate to whatever it is as close to the tourney time as possible (like 24 hours prior max), then set the payout exchange rate to whatever it is as close to to the end of the tournament as possible. This minimizes exchange fluctuation risk, as well as your responsibility on the timing of when the currency was switched. Though the window of time may be smaller, you can always just collect a little more and refund the difference if needed.

If you're going to do it this way, I'd reserve up to 5% via Stars (if available).
So this is preferred to locking in the rate before the tourney and paying out at the same rate?

I only wanted to sell 30% so Grime has 5 and Snail has 23.
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04-23-2015 , 12:04 PM
Quote:
Originally Posted by Turbulenc3
So this is preferred to locking in the rate before the tourney and paying out at the same rate?

I only wanted to sell 30% so Grime has 5 and Snail has 23.
I mean whatever you agree on with your investors is fine. But doing it that way puts both sides at risk of getting freerolled by currency shifts.

Anyway, GL out there!
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04-23-2015 , 12:18 PM
One thing I forgot to mention is that if I have a big score I don't think I'll be able to payout in stars. So I'd likely end up bringing the money to the US, converting at vig (if there is a less fishy way to do this, let me know), and then I can wire to you guys or send a check or w/e.

Actually, I think in the event we bink I'd be able to transfer some/all of it back on stars, but I'd have to confirm with my friend.

Last edited by Turbulenc3; 04-23-2015 at 12:25 PM.
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04-27-2015 , 02:06 PM
So I think what I'm going to do is lock in a rate the day prior to the tournament, and then lock in a rate after the tourny. If there are refunds or small payouts you guys can get sent back on stars at that rate. If I have a huge score it will likely take longer (deposit to my bank, wire to your bank) and involve some conversion fees which will slightly reduce your share.

Grime and Snail if this sounds good please let me know (or if you think there is a better way, that's cool too).
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04-27-2015 , 02:28 PM
Sounds good to me, is it just gonna be the one bullet? (idk if its re-entry)
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04-27-2015 , 05:16 PM
Quote:
Originally Posted by the_snail03
Sounds good to me, is it just gonna be the one bullet? (idk if its re-entry)
Two 3500 CAD bullets. I don't think the tournament permits same-day reentry anyway, but if I bust Friday I'll be playing Saturday.
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04-27-2015 , 06:09 PM
Sorry, I'm an idiot...missed that.

Let me know when you lock in an exchange rate and I'll ship.
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04-28-2015 , 12:16 PM
Yup fine by me
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04-30-2015 , 09:32 AM
k so 1 CAD = .8285 USD so 1% is $71.25 usd.
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05-01-2015 , 12:05 AM
Received from everyone so we're good to go. Just got 2nd in the $1k here today so maybe the start of a heater!
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05-01-2015 , 12:06 AM
Congrats Andrew!
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05-02-2015 , 09:44 AM
Playing day 1b today at 11am.
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05-03-2015 , 12:39 AM
bagged 84,900.
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05-03-2015 , 05:52 PM
Busted in 87th. Field was even better than expected. Lot of Sklansky dollars earned . Appreciate the interest.
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